| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
23.1
|
21.9
|
5.48
|
23.6
|
-
|
| Gross profit (loss) |
82.1
|
72.8
|
12.77
|
79.5
|
3.27
|
| Operational profit (loss) |
36.5
|
31.3
|
16.61
|
33
|
10.61
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
46.7
|
52.8
|
- |
| Gross profit (loss) |
161.6
|
159.3
|
1.44 |
| Operational profit (loss) |
69.4
|
72.7
|
- |
| Earning or loss per share, Riyals |
1.64
|
1.84
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Increase is driven by increase in Turnover growth of SR 274M in Q2 2014 vs. SR 239M in same period year ago equivalent to 15%. |
| Reasons of increase (decrease) for period compared with same period last year | Decline is driven by increase in corporate income taxes in Egypt from 25% to 30% equivalent to SR 5.5M along with continuous increase in raw material prices. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Irrespective of the Turnover growth of SR 274M in Q2 2014 vs. SR 266M in Q1 2014 equivalent to 3% that is reflected in the gross profit, applying the increase in corporate income tax in Egypt retroactively in Q2 2014 has driven bottom line decline |
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